Avante Announces Agreement With Target Park To Deploy Mast Units In Above-Ground Parking Facilities Across Canada And The United State
- Avante has entered into a partnership agreement with Target Park to deploy its MAST units across above-ground parking lots in Canada and the United States. MAST will serve as the primary security layer across Target Park locations, addressing the safety challenges inherent to open-air parking environments.
- The engagement is structured with a forward-looking technology roadmap, with a planned evolution into automated parking services including vehicle identification, real-time lot monitoring, and streamlined customer access, expanding Avante's recurring revenue base and demonstrating MAST's scalability beyond traditional security applications.
Toronto, ON (GLOBE NEWSWIRE) - Avante Corp. (TSX.V: XX) (OTC: ALXXF) (“Avante” or the “Company”) a global provider of technology-enabled security solutions and services, is pleased to announce that Target Park Group Inc. (“Target Park”), a commercial parking operator dedicated to identifying and revitalizing underutilized parking facilities across Canada and the United States, has selected Avante's Mobile Automated Surveillance Tower (“MAST”) platform to deliver mobile, intelligent, real-time security across its above-ground parking portfolio.
MAST is Avante's next-generation mobile security and surveillance tower, designed for remote and high-risk environments where fixed infrastructure is impractical or insufficient. Powered by solar energy with generator backup and operating on cellular connectivity, MAST requires no local power or network connections and integrates Avante’s HALO technology to provide autonomous surveillance and real-time threat detection.
Under the terms of the agreement, Avante will deploy MAST towers across select Target Park's above-ground lots in Canada and the United States, providing 24/7 surveillance. MAST's AI-powered surveillance capabilities with human-verified monitoring through Avante's Control Centre, will provide Target Park proactive threat detection and rapid incident response across its facilities. Target Park has 700+ parking locations across Canada and the United States.
Emmanuel Mounouchos, Founder, Chief Executive Officer and Board Chair of Avante, commented, "This agreement with Target Park reflects exactly the kind of partnership MAST was built for. We are not simply providing security, we are laying the groundwork for a smarter, technology-enabled operation. The ability to begin with a security mandate and evolve into automated parking services is a compelling demonstration of MAST's scalability and the recurring value it can deliver to operators like Target Park."
Chris Sakkas, Chief Operating Officer of Target Park, commented, “Partnering with Avante and deploying MAST across our portfolio allows us to immediately elevate safety and security across our parking facilities while setting the stage for future innovation. Today, MAST provides us with a reliable, intelligent security layer that helps protect our assets and customers in real time. Looking ahead, we see significant opportunity to leverage the same platform to enhance operational efficiency through automated parking capabilities, making our facilities smarter, more accessible, and more valuable over time.”
The engagement is structured with a forward-looking technology roadmap. In the initial phase, MAST will serve as the primary security layer across Target Park locations across Canada, addressing the safety challenges inherent to open-air parking environments. As the deployment matures, MAST’s HALO infrastructure will be leveraged to enable automated parking services including vehicle identification, real-time lot monitoring, and streamlined customer access, allowing Target Park to extract additional operational value from the same platform without incremental hardware investment.
About Avante Corp.:
Avante Corp. is a Toronto-based leading provider of security personnel and technology-enabled security solutions for residential and commercial clients. Avante’s mission is to deliver an elevated level of security globally, with a white-glove approach for high-net-worth families and corporations alike, through advanced solutions and methods for detecting conditions requiring immediate response. The Company has developed a diversified security platform that leverages cutting-edge technology to deliver superior security services. With an experienced team and a proven track record of solid growth, Avante is taking steps to build a broad portfolio of security businesses and solutions for its customers through organic growth complemented by strategic acquisitions. Avante acquires, manages, and develops industry-leading companies that provide specialized, mission-critical solutions to address the security risks faced by its clients. Avante is listed on the TSX Venture Exchange under the ticker “XX”. For more information, please visit www.avantecorp.ca and consider joining our investor email list.
About Target Park Group:
Established in 2006 to service a neglected market within the parking industry, Target Park identifies and revitalizes facilities and spaces that are either inefficiently operated or whose commercial parking potential has yet to be realized. A commercial parking operator, Target Park manages parking facilities, finances their design and development, and provides consultation to landlords on all parking and property management matters. Focused on creating new opportunities for its partners and improving the parking experience for its customers, Target Park is guided by a set of core objectives: customer and landlord satisfaction, employee satisfaction, environmental responsibility, effective and efficient operations, community involvement, and a commitment to research and technology.
Source: Avante Corp.